60 E Lakewood Boulevard Holland, MI 49424
COMMERCIAL - Holland, MI
- Added:
- Feb 12, 2026
- Days on Market:
- 152
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 60 E Lakewood Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 70-16-20-264-024
- Size
- 555 SF
- Lot size
- 2.73 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- UNIT 24 RAILSIDE CENTER, AS AMENDED, AS RECORDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 2502 PAGES 274-327 CONDO SUB
- Tax Annual Amount
- 1518
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 1
Listing agent Stephen D Grilley License #6502396112 (616) 355-3737
Listing office West Edge Real Estate LLC 76 S River Ave, Holland, MI (616) 355-3737
Listing date Feb 12, 2026
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 60 E Lakewood Boulevard in Holland, Michigan (Ottawa County), the building benefits from convenient access to major roadways and public transportation. It also sits near surrounding amenities, which can support tenant needs for services and convenience.
For buyers seeking a turnkey office asset, the current setup is presented as an investment-ready property with a solid operating history and stable occupancy. The configuration of office suites may appeal to a range of office users and operators looking for an established platform, while the parking and transit-friendly access can help improve day-to-day usability for tenants and their customers. With a total building size of 555 square feet and a 2.73-acre lot, this is positioned as a manageable, suite-based office property for those evaluating commercial real estate in the Holland area.
Key Highlights
- Stable occupancy and solid operating history provide immediate income.
- Highly desirable location with convenient access to major roadways and public transportation.
- Ample on‑site parking enhances tenant demand.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.5k | $17.04 |
| − Vacancy | −$1.3k | −$2.35 |
| EGI | $8.2k | $14.69 |
| − OpEx | −$2.0k | −$3.67 |
| NOI | $6.1k | $11.02 |
